At 1 AM, my cousin who runs a nail salon suddenly called, her voice trembling: "200,000 U has been quickly lost, only over 9,000 is left, the child's tuition is uncertain, if I lose more, I will have to close the shop!"
I told her to close the trading software, go to the balcony and blow some wind for three minutes, and save these 6 sentences in her memo. Unexpectedly, 52 days later, she shared her account — the number was astonishingly followed by six zeros. This set of "reverse survival methods" explained today can help whoever it can help.
First be an audience, then be a player. No matter how hot the new currency is, you have to wait for three things to align: the price has been in a box for the last three days, the 5-day line is turning, and the trading volume has increased by 50%. If any one is missing, use 5% of your funds to try; if not all are present, just eat sunflower seeds and watch the show, don’t get too eager.
A sideways market is not a grave but a ticket booth. If the group shouts "cut" more than 500 times, use floating profit to average down — only touch the profit, don’t touch the principal. The principal is the foundation, the profit is just paper, there’s no need to exchange the foundation for paper.
In a crash, flip the cards first; in a surge, lock the doors and windows first. In a crash, don’t panic, check if it breaks the previous low and how high the panic index is; if it hasn’t broken, just lie flat; during a surge, sell 30% to take some profit, let the remaining profit run with a trailing stop loss.
Buy on a green face, sell on a red face. Buy when there’s a bearish candlestick: long body, doesn’t break the previous low, and volume increases; sell when there’s a bullish candlestick, if it rises more than 5%, sell half first, and set a stop loss for the rest, don’t squint and calculate.
Always leave yourself a way out. Don’t exceed 20% of total funds on a single coin, and a maximum of 70% in full positions, leaving 30% cash as a backup. Being fully invested is gambling, leaving room is playing wisely.
Write a "confession" every night before sleeping. If you’ve lost, don’t wipe your tears, write three sentences: Did you follow the crowd to buy? Did you hesitate on stop loss? Did you touch the principal when averaging down? Write it down and sleep; the market won’t make concessions because you’re upset.
Trading is not about luck, it’s about following the rules. Make these habits, and profits will remember you on the "reliable list." Many stumble in the cryptocurrency world; if YU can help a bit, I hope you catch the opportunity.
